bank

Concerned about handling weak banks, restructuring credit institutions still has many difficulties

10:32 | 01/11/2023 Finance

VCN - Currently, the State Bank is directing relevant parties to carry out the next steps to submit to the Government for approval the plan to restructure these banks according to the prescribed order and procedures.

Find a balance for controlling inflation and managing interest rates

15:46 | 25/10/2023 Finance

VCN - To be proactive in management, price regulation and inflation control in the remaining months of the year, flexible monetary policy with appropriate interest rates is an important solution that needs to be implemented.

Lending interest rate decrease keeps slow peace with deposit interest rates

09:53 | 16/10/2023 Finance

VCN - Despite sluggish fall compared to deposit interest rates, lending interest rates are predicted to witness the ongoing downtrend in the near future. Banks also tend to compete with each other to attract borrowers, facilitating businesses and people t

Deposit interest rates anchored at low levels

14:08 | 03/10/2023 Finance

Going against the usual rule of gradual increases in the last months of a year, deposit interest rates in most banks are anchored at low levels, and even some continue to decrease.

Understanding the "appetite" for flexible loan conditions

15:31 | 29/09/2023 Import-Export

VCN - The continuous reduction in interest rates is considered a significant effort to support business recovery. However, small and medium-sized enterprises (SMEs) are still suggesting the need for flexible loan conditions to enhance their access to capi

Increase defense for customer to block online fraud in the banking sector

10:23 | 28/09/2023 Finance

VCN - Lieutenant Colonel Cao Viet Hung, Deputy Head of Division 4 The Department of Cyber Security and Crime Prevention using high technology (Ministry of Public Security), said that in the coming time, criminal activities using high technology would incr

The capital challenge for the import-export sector

13:37 | 13/09/2023 Finance

VCN - Despite the ongoing challenges, Vietnam's import-export turnover has increased rapidly and reached 200% of GDP.

Facilitate enterprises to access foreign capital

13:46 | 08/09/2023 Import-Export

VCN - Regulations on conditions for foreign loans not guaranteed by the Government have been in effect for a few days, thereby removing obstacles for businesses in borrowing capital from abroad and being more consistent with international practices.

Mobilizing resources for policy credit

12:35 | 04/09/2023 Finance

VCN - Policy credit and commercial credit are two financial channels that help promote economic growth and ensure social security. In particular, policy credit is one of the "pillars" in the system of poverty reduction policies.

Insurance is no longer a "goose that lays golden eggs" for banks

11:32 | 03/09/2023 Finance

VCN - According to statistics in the financial statements of the 2nd quarter and the first 6 months 2023 of 28 banks, only 8 banks detailed their revenue from insurance activities, of which 7 banks recorded negative growth, the only bank with positive gro

Is non-interest income an " salvation" for bank profits?

15:51 | 26/08/2023 Import-Export

VCN - The context of slowing growth, and thinning Net Interest Margin (NIM) has caused banks' main revenue to decrease in the first 6 months of 2023. Therefore, for many banks, non-interest income is a "salvation" for profits not fall too deeply.

Central bank joins regional payment connectivity expansion

13:52 | 25/08/2023 Finance

The State Bank of Vietnam (SBV), has officially joined the Regional Payment Connectivity (RPC) initiative.

Gradually "revealing" business results, bad debts of some banks increased

14:32 | 03/08/2023 Import-Export

VCN - Up to now, a number of banks have announced their business results for the second quarter and the first six months of 2023, in which some banks strongly increase in profit but others have a decrease in profit.

The risk of bad debt increases, the bank proposes regulations on debt collection rights

10:24 | 30/07/2023 Finance

VCN - In a report at the recent banking industry review conference, Mr. Pham Duc An, Chairman of the Board of Directors of Bank for Agriculture and Rural Development (Agribank), said that the Bank had successfully developed and implemented a restructuring

Overcoming the crisis, insurance companies must enhance their quality

09:58 | 24/07/2023 Import-Export

VCN - With the intervention of insurance regulatory authorities, many wrongdoings of insurance companies have been exposed and fully disclosed.